Seacrest Petroleo

a fully integrated onshore Brazilian oil and gas producer

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About Seacrest Petroleo

Seacreast Petroleo is a privately owned upstream oil and gas company that specializes in acquiring and operating mature oil and gas fields in Brazil.

The portfolio consists of the Cricaré Cluster and the adjacent Norte Capixaba Cluster. The Cricaré Cluster is owned 100% and operated by the Group and was acquired in December 2021. In February 2022, the Group entered into a purchase agreement with Petrobras for the acquisition of 100% interest and operatorship of the Norte Capixaba Cluster and the waterway Terminal Norte Capixaba.

The company’s focus is on maximizing production from mature fields through a combination of enhanced oil recovery techniques and operational efficiencies.

WHAT MAKES SEACREST PETROLEO UNIQUE?
POTENTIAL FOR GROWTH AND DIVIDENDS

Cash-generative business with potential for growth and dividends. Crude grade and export capability for price premium to Brent. Low operating and capital expenses. $2.5 billion in 2P values (NPV10)

100% OWNED INFRASTRUCTURE

Large-scale, high-quality conventional assets and infrastructure. 1.2 billion BOE initial oil & gas in place and 140 MMBOE 2P reserves. Production set to triple by 2025 with low-risk work-overs and drilling.

Brazilian E&P SUCCESS

A top-performing E&P portfolio with fully integrated onshore asset and team. Proven success in Brazil and the backing of industry leaders Seacrest and Mercuria. Strategic acquisitions of undervalued fields from Petrobras at attractive prices.

Reporting Channel

Seacrest Petroleo has established a reporting channel with partner Contato Seguro for employees, contractors, and other stakeholders to confidentially report any concerns or complaints about irregularities in the corporate environment.

Call the hotline

0800-6018659

Visit the website

contatoseguro.com.br

Download the app

Contato Seguro